Paul Barnhurst argues that strong FP&A starts with clear goals, timing, and ownership across finance and the business. Build a consistent rhythm and process to track results against forecasts, investigate variances, and deliver small wins that build trust and free time for bigger impact.
Chapters
Every strong FP and a process. Start with the basics. First of all, we need to define what you want to achieve. When do you want to do it? Who is the owner, both inside and outside the finance? Because once you have the rhythm, the story, the process and the structure, everything is aligned and everything is much more clear. Then it's about the consistency of tracking results versus forecast. Because once you have a very clear process, it's very easy to try and understand what happens, to follow it, to investigate and to improve. So in FP and a crocus come from small, steady wins that build trust and influence. And this is the foundation. Because once you have the foundation, you will have time and the attention to bring real value and really make real impacts of doing additional things. About the ongoing and the usual day to day of that training.